Hanover, IN
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    Hanover, IN Retail Space for Sale

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    Madison, IN Lexington, IN Nabb, IN
    Retail Space in College Town
    $199,000
    Retail Space in College Town

    214 W Lagrange Road, Hanover, IN 47243

    Highly visible retail space near Hanover College and Madison, Indiana.
    • Highly visible location on US 56
    • Convenient to Madison, IN and State Parks
    • Could be ideal for owner/user occupant
    • Located in a college town (Hanover College)
    • 45 Minutes to Louisville, KY
    Updated: Jul 13, 2021
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    Based on your search, we've compiled 17 Potential Opportunities for your consideration. Besides 1 Active listings in Hanover, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 11 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Versatile Commercial Building on Clifty Drive
    $525,000
    6,750 SF
    Versatile Commercial Building on Clifty Drive

    6,750 sq ft building on 1.04 acres with income potential.

    2929 Clifty Dr, Madison, IN 47250

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    Adaptable Commercial Building on Hilltop
    $224,900
    0.31 Acres
    Adaptable Commercial Building on Hilltop

    Versatile commercial building with Local Business zoning in Madison, IN.

    1402 Bear Street, Madison, IN 47250

    View details
    Industrial Property Near Highway 56
    $139,000
    2,400 SF
    Industrial Property Near Highway 56

    Over 1.5 acres with building near Highway 56.

    96 W Green Street, Scottsburg, IN 47170

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    Industrial Property Near Highway 56
    $462,550
    2,400 SF
    Industrial Property Near Highway 56

    Over 1.3 acres with building near Highway 56.

    343 S Railroad Street, Scottsburg, IN 47170

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Prime PUD-Zoned Land Opportunity
    $1,599,000
    900 SF
    Prime PUD-Zoned Land Opportunity

    2.07 acres of PUD-zoned land in a growing corridor.

    3229 State Road 207, Elkton, FL 32033

    View details

    Off-Market Properties in Hanover, IN

    Consider similar Off-Market properties in Hanover, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    3498 State Rd 56
    RETAIL STORES (PERSONAL SERVICES)
    7,290 SF Lot: 2.46 Acres
    Estimated value
    $640,000

    3498 State Rd 56, Hanover, IN 47243-9063

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    9 Main Cross St
    RETAIL STORES (PERSONAL SERVICES)
    1,560 SF Lot: 0.13 Acres
    Value Estimation by Request

    9 Main Cross St, Hanover, IN 47243-9465

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    241 Main St
    RETAIL STORES (PERSONAL SERVICES)
    1,008 SF Lot: 0.19 Acres
    Value Estimation by Request

    241 Main St, Hanover, IN 47243-9479

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    251 Main St
    RETAIL STORES (PERSONAL SERVICES)
    1,008 SF Lot: 0.10 Acres
    Value Estimation by Request

    251 Main St, Hanover, IN 47243-9479

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    309 Lagrange Rd
    RETAIL STORES (PERSONAL SERVICES)
    720 SF Lot: 0.50 Acres
    Value Estimation by Request

    309 Lagrange Rd, Hanover, IN 47243

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    320 Lagrange Rd
    RETAIL STORES (PERSONAL SERVICES)
    3,120 SF Lot: 0.43 Acres
    Value Estimation by Request

    320 Lagrange Rd, Hanover, IN 47243-9442

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    162 Lagrange Rd
    RETAIL STORES (PERSONAL SERVICES)
    12,960 SF Lot: 0.50 Acres
    Value Estimation by Request

    162 Lagrange Rd, Hanover, IN 47243-9437

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    215 Lagrange Rd
    RETAIL STORES (PERSONAL SERVICES)
    8,000 SF Lot: 0.94 Acres
    Estimated value
    $775,000

    215 Lagrange Rd, Hanover, IN 47243-9441

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    118 Lagrange Rd
    RETAIL STORES (PERSONAL SERVICES)
    10,200 SF Lot: 0.19 Acres
    Estimated value
    $795,000

    118 Lagrange Rd, Hanover, IN 47243

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    266 Lagrange Rd
    RETAIL STORES (PERSONAL SERVICES)
    8,160 SF Lot: 0.49 Acres
    Value Estimation by Request

    266 Lagrange Rd, Hanover, IN 47243-9440

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    149 Crowe St
    RETAIL STORES (PERSONAL SERVICES)
    4,182 SF Lot: 0.32 Acres
    Value Estimation by Request

    149 Crowe St, Hanover, IN 47243

    View details

    Hanover, IN Retail Space Investment Opportunities Market Analysis

    Explore 12 retail space for sale in Hanover, IN on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $199,000.

    Sale prices for retail space in Hanover, IN start at $199,000, averaging $199,000, and reaching up to $199,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Grocery and convenience stores 1

    Demographics Overview

    Population 6,235
    Population Growth (5Y) +3.0%
    Median Household Income $66,333
    College Educated 28.6%

    High-Yield Neighborhoods for Investment

    Identify Hanover submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    47243 $199K

    Taxes & Financing

    Tax Rate (average for all types) 2.38%
    Property Tax per SF $62.13 per SF
    Average Loan-to-Value 65.0%

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